The SNB analyses the developments in the financial markets and in the area of financial market infrastructure. It pays special attention to the Swiss banking industry and the payment and securities settlement systems.
Analysis and research: The SNB analyses the developments in the financial markets and in the area of financial market infrastructure. It pays special attention to the Swiss banking industry and the payment and securities settlement systems.
Promotion of an appropriate framework for the financial centre: At a national level, the SNB – in conjunction with the Confederation and the Swiss Federal Banking Commission (SFBC) – participates in reform projects (cf. relevant Confederation website: www.finweb.admin.ch). At an international level, it is permanently represented on the Basel Committee on Banking Supervision and on the Committee on Payment and Settlement Systems (CPSS) of the Bank for International Settlements (BIS) (cf. BIS website: www.bis.org) and participates in various international task forces that deal with financial stability issues.
Oversight: The SNB is responsible for overseeing payment and securities settlement systems. The supervision of Switzerland’s banking sector is the responsibility of the Swiss Federal Banking Commission (SFBC) (www.sfbc.ch).
Liquidity assistance: The SNB acts as lender of last resort (LoLR). In this function, it can – under certain conditions – provide liquidity assistance against collateral if domestic banks are no longer able to refinance their operations in the market (cf. Guidelines on Monetary Policy Instruments).
. "Swiss National Bank." . . Swiss National Bank. 1.31.08 <http://www.snb.ch/en>.
